Côte d'Ivoire

Côte d’Ivoire is a stable and investment-friendly West African nation offering one of Africa’s most favourable operating environments underpinned by modern mining regulations, reliable infrastructure, and a skilled workforce.

On 21 August 2025, Castle announced executing a Binding Term Sheet to acquire a 90% interest in Mineralis Ltd, which has the right to earn up to a 90% interest in each of seven exploration permits (one granted and six applications) (1,842km²) located on the Côte d’Ivoire–Ghana border. On 1 September 2025, Castle announced a Share Purchase Agreement executed with African Resources SARL to acquire the remaining 10% of Mineralis Ltd and to move to 100% ownership. (For full details, see ASX release dated 21 August 2025, ASX release dated 1 September 2025)

The proposed acquisition of Mineralis Ltd provides Castle with a large and immediate quality foothold into Côte d'Ivoire, one of Africa’s fastest growing gold producing nations offering enormous opportunities for discovery. Castle look forward to commence exploration at Côte d’Ivoire, one of West Africa’s most prospective gold regions as the transaction settles pending Shareholder General Meeting in early October 2025.